In 2007, a Wall Street analyst warned online sellers about listing on a marketplace that could turn around and compete with them, specifically pointing to Amazon.com. Many years later, government regulators in the US and Europe are scrutinizing Amazon practices Read more
Each year since 2006, Amazon places restrictions on which third-party sellers can sell in the Toys & Games category. This year, the policy goes into effect today and stays in effect through January 3, 2021. But don’t assume all sellers Read more
Amazon announced third-quarter results today. Total net sales increased 37% to $96.1 billion in the third quarter, compared with $70.0 billion in third quarter 2019. BNN Bloomberg journalist Jon Erlichman tweeted an interesting chart showing Amazon’s third-quarter revenue going back Read more
Amazon is creating an additional 100,000 seasonal jobs for the holidays, it announced on Tuesday. Jobs in Amazon’s operations network include stowing, picking, packing shipping and delivering customer orders, and can also include a wide variety of other jobs including Read more
Amazon will open another fulfillment center in Texas next year. The 700,000 square-foot “robotics” fulfillment center will be used to fulfill small items such as books, electronics and toys. Amazon fulfillment centers are no stranger to Texas, but this will Read more
Amazon is offering merchants volume discounts on currency conversion fees, it announced today. “Amazon Currency Converter for Sellers (ACCS) is Amazon’s official payment solution that allows you to receive disbursements in the currency of your choice,” it told sellers. “ACCS Read more
Amazon announced plans to open two new fulfillment centers in Kansas next year. Each facility is one million square-feet and will be used to fulfill bulky or larger-sized customer items such as patio furniture, outdoor equipment, and rugs. The fulfillment Read more
Great selection, low prices, and fast, convenient delivery are the three elements Amazon sellers should focus on as the holiday shopping season kicks off, according to Vice President of Customer Trust and Partner Support Dharmesh Mehta. Collectively, sellers are growing Read more
Amazon said it fired an employee in July and reported him to the FBI after it found he had allegedly used its systems to commit fraud. On Friday, the US Department of Justice brought charges against the former employee for Read more
Any marketplace seller who has had their account suspended understands the feeling of desperation and sense of urgency to get reinstated. But some Amazon merchants were driven to use consultants that the government accused on Friday of conspiracy and fraud. Read more
